Alamos Gold Inc.

-$0.50 (-4.0%)
Closing price September 22, 2023
A multi-billion-dollar acquisition in the precious metals industry could signal a wave of deals in the coming years aimed at creating scale.
Several gold miners have released earnings and some common themes are contributing to a "sell the news" reaction in their shares.
Thursday's top analyst upgrades, downgrades and initiations included Barrick Gold, BlackRock, Comcast, Microsoft, NextEra Energy, Ping, Shopify, Tesla, 3D Systems and UnitedHealth.
Analysts at Credit Suisse have issued their gold miners' scorecard along with top picks and comments on the direction of gold prices for 2018.
The top analyst upgrades, downgrades and other research calls from Friday include Bed Bath & Beyond, Caterpillar, FirstEnergy, Gilead Sciences, Intel, Starbucks and Yamana Gold.
The announced acquisition of gold miner Richmont by Alamos Gold could be the beginning of a spate of transactions for quality gold assets.
Stocks were indicated marginally higher on Friday morning on what seems to be a very light news day. The Dow is still above 20,000 and the S&P 500 has gone above the 2,300 level. Even though the...
24/7 Wall St. tracks dozens of analyst calls each day of the week. It turns out that there are still some gold stocks in which analysts see value and are telling their clients to buy the shares.
This is an interesting time for gold, and Credit Suisse has issued a report showing that there are now some tactical concerns about the yellow metal.
The week of July 1 was a wild and zany week. After post-Brexit selling, investors decided to step back in to buy stocks on the cheap. Many sectors rose if they were defensive or if they were...
The markets bounced handily on Tuesday and Wednesday in the post-Brexit aftermath, and shares were only marginally higher on Thursday morning. Investors may have different reasons each time, but they...
The top analyst upgrades, downgrades and initiations seen on Monday morning include Advanced Micro Devices, Agios Pharmaceuticals, Baidu, Diamond Offshore Drilling, LyondellBasell and Occidental...
Credit Suisse's Anita Soni has adjusted the firm's target multiples to reflect the view that the gold equity rerating will be sustaining over the next 12 months.
AuRico Gold and Alamos Gold have entered into a definitive agreement to merge, though other bidders could emerge.
Source: Jon OggIt the week ahead of Labor Day, so research and investment banking departments are running light. Still, there are some key research ideas coming out of Wall Street. Each morning 24/7...